Just another of the many reasons why the FED should be eliminated when we return to the gold standard. The excuse that the FED has gotten away with it up to now is BS.

If the GOP routs the Dems and controls both houses of Congress they should pass legislation limiting what the FED can do. A case that gets to the Supremes can prevent further and future expansion of their so called “powers.” https://goldseek.com/article/federal-reserves-doomsday-book-reveals-vast-power-claimed-central-bank